What are the fees in the Rgl Fitness ,LLC 401(k) plan?

For plan year 2022, Rgl Fitness ,LLC reported $3,196 in plan administrative expenses, or 3.01% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Rgl Fitness ,LLC 401(k)?

The average participant account balance was $7,159 for plan year 2022, based on 17 accounts.

Rgl Fitness ,LLC401(k)

Name: Rgl Fitness ,LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

RGL FITNESS , LLC 401(K) PROFIT · JERICHO, NY · plan year 2022

Reported admin expense ratio · 2022

3.01%

Rgl Fitness ,LLC reported $3,196 in plan administrative expenses for 2022: 3.01% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,583rd of 5,648), and 3,282nd of 3,341 in other services.

Plan summary
Net assets, end of year$121,701
Participants with balances17
Active participants129
Employer contributions—
Employee contributions$56,838
Employer contribution per active participant—
Average account balance$7,159
Benefits paid to participants$5,390
Plan auditUnmodified (clean) audit opinion
AuditorPETER J CREEDON

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$3,196 · 3.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472402229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.